Ukraine rises in World Bank's Doing Business rankings.

Ukraine's ranking has risen over 13 positions in the annual ranking on the status of doing business published by the World Bank’s Doing Business-2016. Ukraine holds the 83rd place in the ranking.

Results of a new study, which covers the second half of 2014 and first half 2015, was published on the Doing Business website.

A key reform that bolstered a raise in the Ukraine rating is simplification of Ukraine business registration.

Ukraine has been rising in the ranking for the second consecutive year - last year it managed to climb over 16 positions, this year - over 13 ones, surpassing even the forecast made by the President Poroshenko , who had predicted a rise over 10 countries.